Question: Question 9 10 pts Built Rite Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings

Question 9 10 pts Built Rite Corp. is evaluating an extra

Question 9 10 pts Built Rite Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings are $0.80 per share, and the stock currently sells for $33 per share. There are 250 shares outstanding. Ignore taxes and other imperfections. You own one share of stock in this company. If the company issues the dividend, your total investment (including the cash received from the dividend) will be worth as compared to__if the company opts for a share repurchase. $11: $11 O $22; $33 O $11; $33 O $33; $33

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